A Comparative Study Of Selected Asian Countries On Carbon Emission With Respect To Different Trade And Climate Changes Mitigation Policy Scenarios

Executive Summary

Trade, economic development, and climate change issues are closely linked and this has significant implications for the design of climate change policies especially for developing countries. Developing countries regard the objective of economic development and growth as being as important as the objective of climate change mitigation, and therefore prefer to use emission intensity reductions as targets for their climate change policies. In theory, this may seem to allow for both economic growth and climate change mitigation objectives to be achieved in a harmonious manner but on closer analysis, no simple choice of a policy target can help to resolve the fundamental issue of how to reconcile the objective of economic growth with the objective of climate change mitigation.